https://www.taxtmi.com/caselaws?id=783134 ITAT Delhi allowed the assessee's appeal, holding that the unsigned notice issued u/s 148 was non est in law, thereby vitiating the assumption of jurisdiction and rendering the consequential reassessment order void. The Tribunal further held that issuance of notice u/s 143(2) prior to furnishing recorded reasons to the assessee amounted to denial of the statutory right to object to reopening, constituting a fatal procedural irregularity invalidating the reassessment proceedings. Without prejudice, on merits of addition u/s 68, ITAT found that the assessee had discharged the onus by proving identity, creditworthiness and genuineness of the loan transaction, as well as repayment, and therefore deleted the addition confirmed by CIT(A). en-us Fri, 05 Dec 2025 00:00:00 +0530 Wed, 10 Dec 2025 08:41:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783134 ITAT Delhi allowed the assessee's appeal, holding that the unsigned notice issued u/s 148 was non est in law, thereby vitiating the assumption of jurisdiction and rendering the consequential reassessment order void. The Tribunal further held that issuance of notice u/s 143(2) prior to furnishing recorded reasons to the assessee amounted to denial of the statutory right to object to reopening, constituting a fatal procedural irregularity invalidating the reassessment proceedings. Without prejudice, on merits of addition u/s 68, ITAT found that the assessee had discharged the onus by proving identity, creditworthiness and genuineness of the loan transaction, as well as repayment, and therefore deleted the addition confirmed by CIT(A). Case-Laws Income Tax Fri, 05 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783134